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the economy went down to defeat in the house of representatives. >> the legislation has failed -- >> i'm very disappointed in today's vote. >> to the democrats and republicans who oppose this plan yesterday, i say, step up to the plate. >> investors panicked, the dow dropped 777 points. the biggest single day point loss to date. >> this is what brought us to the brink of collapse. >> wow. all because annie went and got a house that he could not afford? >> $1.2 trillion in market value wiped out in one day. it's really psychological at this point. >> congress quickly reconvened and four days later on october 3rd, it passed the $700 billion troubled asset relief program. >> congress has agreed to a broad deal that authorizes the treasury secretary to start releasing money to free up the credit systems. that may have been the last time persons witnessed bipartisan compromise on something that really mattered in washington. four years later and on the eve of another election, voters are being asked, are you better off than you were then? the answer is yes because it was that bad. but how much bet
$99.99. rethink possible. the economy needs manufacturing. mhines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's puttg more than $8 billion dollars back in the u.s. economy his year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real thin... for real. ...that make a real difference. ♪ >>. >> paul: from ohio to another important swing state. colorado where the candidates will meet next week in their first presidential debate. mitt romney has lot riding on his performance on wednesday night. what do they need to do in that debate and in the weeks ahead to shift the campaign narrative. let's ask wall street columnist dan hennington and dorothy rebenowitz and kim strausel. how far behind is mitt romney now? >> he is behind in nearly every swing state poll there is. now there is an argument campaign is making they are not nearly as far behind as the media polls but there is understanding that they have to make up some gr
is expected to attack the president on economy, and foreign policy and so far we have not seen what he will do for a second term. so, what do you anticipate the president will have to do, jehmu, in order to get ahead of this foreign policy gap that's going on right now in the wake of the death of four great americans. i don't know, kelly, i disagree with you. we haven't seen from president obama what his next four years would be, we have not seen anything from governor romney on what his business-- his presidency would look like, all he's done is attack the-- >> during the debate. >> what he will do during the debate i think is remind the american people of his record on counterterrorism, and that is not something that governor romney is going to be able to poke any holes in, and i think he will also remind the american people of when it comes to the economy, that it's the turn around is going to take time. >> oh. >> and you've seen president clinton talk about why it took eight years to get us surpluses and i think it will be finally clear, because, unfortunately. >> jehmu. >> the media has f
as the candidates drill down on the economy. >> you think if we spend another $5 trillion on tax cuts for the wealthiest americans, all our problems are going to go away? >> his plan is the spluss, how did the first one go. how much of it did you get? it was cash for clunkers. did you get help from that? gwen: and duke it on foreign policy. >> i'm pretty certain there will be bumps in the road because in a lot of these places, the one organizing brell has been islam. >> he said the developments in the middle east are bumps in the road. [laughter] >> yeah, that was my reaction. bumps in the road? these are not bumps in the road. these are human lives. gwen: the candidates, the polls, the issues, the voters, we are in the heartland tonight. covering the week, charles babington of the associated press, nia-malika henderson of the "washington post." jim tankersley of "national journal" and jeff delaney of the "new york times." >> this is a special election 2012 edition of "washington week with gwen ifill and national journal". public funding for "washington week" in st. louis" is provided
with voter attitudes towards the economy, less so than voter attitudes toward president obama or mitt romney. in many ways, voters have gotten used to the idea of a poor economy, even a lackluster one. and they've kind of gotten used to it. a quarter of the people who said the country was headed in the wrong track are still supporting the president. so they've basically gotten used to the economy as the status quo. >> today in his weekly web address, lynn, the president blaming congress for not helping the economy. take a listen. >> last week, mortgage rates were at historic lows. but instead of helping more and more hard-working families take advantage of those rates, congress was away on break. instead of worrying about you, they'd already gone home to worry about their campaigns. >> lynn, is that a strategy that works? i mean, is there something to what he's arguing, regarding low mortgage rates and housing reform? >> well, he's doing, i believe, a preemptive strike in advance of the debate, where the focus is going to be on domestic issues and the economy. now, what he said is true. ever
, as the presidential candidates focus on the economy, what do the mixed signals mean? we get perspective from two economists. >> woodruff: then, we go on board navy ships in the persian gulf to watch a massive military exercise aimed at securing the strait of hormuz. >> we need to be prepared to deal with mines go in the water. this exercise is focused on the mine trip and demonstrating our able to clear mines. we have to be able to do that. >> suarez: the chinese communist party ousts a once-powerful politician and prepares to unveil its new leadership. margaret warner has our update. >> woodruff: mark shields and david brooks analyze the weeks news. >> suarez: and from our "american graduate" series, we take an encore look at the story of an eighth grader who turns to journalism to tackle violence in his middle school. >> if i didn't have a-- i would probably be let up with the wrong people and doing the wrong stuff. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> bnsf and carnegie corporation. >> and with the ongoing support o
find out the economy's slowing, and someone here says the economic patriotism will only cause this number to keep growing. and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and trai
in obama's handling of the economy and romney. we have two jobs report left before the election. do you think -- well, what do you think the impact will be? >> i don't think there will be all that significant because if it was going to be significant in the jobs report obama would be toast. he has had 43 months in his term so far where the jobless rate is above 8%. now, and all of the time between 1948 and 2009 when obama took office in cumulative months and which the unemployment rate was above. some 39 months and 43 months in just three and a half years of his presidency. those are the staggering your numbers. yet people still say, well, he's trying really i've. lori: he wants to try to cut tax of year and a higher percentage. 75 percent individual income rate. >> it is absurd. there is no economic basis for that other than we don't think people ought to earn that much money, so we're going to take away. that is socialism at its very essence. and so you elected socialist president. voila. you're going to have socialist policy, and that is what you have. he comes out with a 75% tax rat
on persuading voters they can boost the economy. but a key question at the heart of it all-- is the economy slowing, stalling, or perhaps even gaining strength in some ways? new data are sending conflicting signs. republican presidential nominee mitt romney campaigned today at a military academy in pennsylvania. romney promised better jobs for young people like the cadets sitting behind him and a better future for the entire country. >> we're in a very different road than what i think the people of the world expected from the united states of america. and if i'm elected president of this country, i will get us back on a road of growth and prosperity and strength. >> woodruff: today at a campaign event in washington, president obama shared a message of what he called "economic patriotism" tied to a strong middle class. >> but our problems can be solved, our challenges can be met. we've still got the workers in the world, the best universities, the best scientists, the best... we got the best stuff. ( laughter ) we just got to bring it together. >> woodruff: consumer confidence is higher of l
zero economy. the past ten years, zero jobs growth, zero wage growth, zero stock returns. which part of that equation is the most crippling? >> i think all of them. if you think about the middle class, where they need jobs, they need wage growth. we've seen average meaning household income actually go nowhere and importantly in their 401(k)s have become 201 ks, they need robust stock returns. if we're going to get wage growth and jobs growth clearly we have to do, as the guest said, we have to restore the manufacturing base. one good news i have in this triple zero economy, i think going forward the next decade for stock returns will be a lot better than the last decade. the reason is simple and somewhat troubling. first of all, if you think about the stock market here in america, it's physically located here but increasingly, its returns are located elsewhere. >> sorry to interrupt you. the very thing that's been a trend many would say hurtful for american workers is the thing that can help american investors because these are companies that don't necessarily need american workers.
views on the global economy and perhaps you could start with europe and make your way around the world and perspective on what you see in terms of growth and perhaps more importantly you know, what are the challenges that we are going to have to deal with over the next period of time? >> there's not enough time for all the challenges but let me give you some perspective. let me get to -- let me give away the punchline. the punchline is i think in a world races, the world is not going to come to coming to an end. we are going to muddle through but there are a lot of challenges and a lot of risks that i think the largest outcome come the largest for signage likely outcome by far is that we get through it and a lot of action were to be taken to offer some relief but there are several things that could cause things to derail in which case it would be a lot tougher for a lot longer. but you asked about europe. i think the biggest problem that europe has is growth and the risk problem is the go off the rail, bus stop of the euro. a few months ago we would have said that the two big issues fo
. >> we were expecting to have a deficit that was going to be about 7% of the economy and it turned out to be 9%. we did not have the time to react. so weak in our political manifesto, the main aim was that we were going to give spain what it needed. there were not actual promises but as a general promised to try to manage the situation. the figures were worse but we were struggling. >> what would the opposition socialist to differently? spain has one of the biggest property bubbles followed by the collapse. >> we want comprehensive reform of the fiscal system. it has to be more progressive. we know in spain that corporations only pay 11% from their benefits. at the same time, there is a large number of citizens who do not pay taxes to income tax. they are liberal professions like people who put all their revenues inside society. we believe there has to be changes and we have to have a more comprehensive system that is able to control everybody. >> won the budget was announced, it was predictable. this economy has already seen 65 billion euros out of it this year. today was confirmed a
by the us treasury said it is preparing to act to protect the economy. >> if investors get any sense that there might be a failure, they'll all race for the exit. and that's the equivalent of a run on the bank and there is no one there-- no one like a parent with capital or the fdic to supply capital if there's that kind of race for the exit. >> reporter: three options are on the table. instead of a fixed value of $1, money market funds could be required to use a floating value. regulators are also considering whether money market fund companies should hold some of their assets as a buffer against a surge in withdrawals or whether to require investors to wait before they can get back a portion of their money. the s.e.c. could try again to pass new rules, but if it doesn't, the stability council could decide some big money market funds need closer regulation. that idea worries fund companies. >> it would result in significantly more costs and regulation and who would want to invest in a fund that the federal government has designated as systemically important? >> reporter: new rules m
everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't
has been participating, provided a substitute economy and afghanistan to start up allow me to develop so far. is that the incentive? is there some economic incentive that brings them into this process? is it that that's going to solve the problem is it's not constitutional matters in human rights and everything clicks >> we need to start reducing the amount of money these then on afghanistan. >> howell to be sustainable within itself? >> the economic process is one where we have to keep helping the afghans fun the development for 10 years beyond what they get on with developing the mineral resources. at the same time, trying to execute a political process to reduce the pressure in the security forces and wouldn't have to be so proficient if there is a political process. you have to work on all these things at once. i've always said we must make our strategy dependent on the political deal with the taliban because that gives them a veto. you have to be a policy that says, here's the strategy that is not dependent on the taliban. the taliban to stop inciting and get an engaged the proce
. lowering that price, lowering tax rates. that's the way to get the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling me what those deductions and exemptions are that he's going to lower. he's been running for president for seemingly half a century and none of us know what he plans to do. i may like it, but he hasn't told me. >> the bottom line of what he's going to do, minus the specifics, he's going to lower tax rates by 20% for all income groups and get rid of the
the stagnation we've had. i mean, the economy is limping along nationally. we got 23 million people struggling to find work. 15% of americans today are living in poverty. president obama came in with one party rule, and was able to pass nearly every item on his agenda. what we ♪ you do ♪ something to me ♪ that nobody else could do i knew it'd be tough on our retirement savings, especially in this economy. but with three kids, being home more really helped. man: so we went to fidelity. we talked about where we were and what we could do. we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we'
," and we're here because we live in a global cloueconomy. it has altered local economies because so many manufacturing and technology jobs are moving, whether it is a matter of costs for going where the trained work force is. we're fortunate to have to governors here to talk about how that change affects their jobs and what they're doing to jump- start their economies which compete with one another. this could be fun. let me start with our guest. governor hickenlooper. i knew that was going to happen. most of us here are pretty much aware of california's budget crisis. can you give us a quick briefing on where colorado is and what you are trying to do to turn things around? >> our budget is just as dressed as almost every state in the country. we have been working trying to control costs, get our pension funds in line, our state employees have not had a raise in four years. it has been difficult all the way around. the real challenge has been to try and turn public sentiment and get people to recognize it without a strong economy. it will not solve any of these problems. we have been rel
economy that fosters opportunity or do we want a stagnant economy that fosters dependency? that is not who we are. we want to live free and prosper. we want to believe. [applause] when president obama came into office, he inherited a tough situation. the problem is the obama economic agenda failed, not because it was stopped. it failed because it was passed. do not forget this. he came into office with the ability to pass anything of his choosing. he did that. remember the stimulus? remember the idea that if we borrow $831 billion and spend it on pet projects and interest groups, they said unemployment would never reach 8%. we would be growing at 4% a year right now. unemployment has been above 8% for 43 months. our economy last quarter stalled at 1.3%. what is worse for all of these promises about cutting the deficit, growing the economy, bringing people together in a bipartisan fashion -- i will not even get into the oceans and tides. [laughter] i have heard that one. all of these promises were made. the idea of how been changed. it sounded good. -- the idea of hope and change. it sounde
economy here in san francisco and as i do that, i always have to think about what to say that mary hasn't already said about it. and if you look at the real estate economy generally in our nation, and the fact that it is still soft. that we still need more jobs. that there is a recovery, but it's a slow recovery. you can't do that without thinking gee, will i sound like a politician for one or the other major political parties? and so i will steer clear of that and focus instead on san francisco and maybe we're living in a bubble, but it's a pretty wonderful bubble to be living in. the real question is the resurgence of real estate we're seeing now, is that sustained growth? is that just, you know, for the moment? but as i look at it, we're putting in place an awful lot of things that shape what our city looks like in the future, how our city operates, how we interact with our city. as i started to think about that, i thought, you know, the number of major infrastructure projects going on in our immediate region now are probably -- there are probably more dollars and energy going int
about the economy, talking about the deficit, talking about four years of president obama would be detrimental to the country. it's pretty plain and simple. president obama and republican nominee mitt romney are laying low today because they're getting ready to prepare for the debate, so it's the number 2s on the campaign trail. right behind me here, here's paul ryan stumping here in new hampshire, a crucial battleground state. when he's done here, he goes to ohio later today. another very big important battleground state. and that's the whole idea here, as the president and mitt romney get ready for the debate. paul ryan and vice president joe biden are on the campaign trail. specific new hampshire. the race here is kind of close. the most recent poll shows president obama with a five-point advantage over mitt romney. definitely a very close contest here in new hampshire. this is a state that may not know paul ryan very well, but knows mitt romney very well, who was governor of neighboring massachusetts. he owns a vacation home here in new hampshire. spends a lot of time in thi
is that he wants to rub the entire u.s. economy from washington. that has gotten him into big economic trouble. blaming the continuing economic mess on president bush is hollow and cynical. it is the president's policies now that are driving economic results. 45 months is more than enough time to reignite the powerful economic engine. more that be enough time. you can't solve all all all the problems in that time. but you can certainly gain some economic momentum it. that has not happened. here are the facts. median income for american households down about 5,000 bucks in five years. very bad. health insurance premiums up 18% in three years. and going higher under obama care. awful situation. gas prices up 106% since mr. obama took office. a complete disationer. national debt up $5.4 trillion under the president and going higher. a catastrophe and while salaries for workers are flat or down, corporate profits are up, signaling more economic imbalance in america. now, it used to be that economic steps like those would doom, doom an incumbent president. that's not happening this year. ba
or the leaked video or stuart stevens or the improving economy or media bias or distorted polls or the message or mormonism, it's mitt." what does mitt romney have to do in this first debate to change the narrative that he is, in fact, a flawed candidate? >> i think it's sort of stating the obvious. in every campaign where there are problems, be it staff problems, be it message problems, there's always a lot of criticism that goes around it. ultimately, the candidate is responsible and it all comes from the top. so i think to conclude that mitt romney is responsible for whatever problems he had is probably an easy conclusion to have to make. obviously, in the debates, he's going to have to perform well, he's going to have to perform succinctly, and we've seen him do that in the past, as you have been discussing. he has been able to go on -- all throughout the republican primaries, he was able to at moments when expectations for him were extremely low, go in and surpass them. and if he keeps his cool and he knows his stuff, i think he'll probably be able to do that on wednesday. >> who has the
will help the economy? his plan is to continue what he has done before. the status quo has not worked. we cannot afford them a more years of brought the bomb. >> wednesday, president obama and mitt romney meet in their first presidential debate. watch and engage with c-span. post debate, your reaction, calls, e-mails, and tweets. >> not a debate between former wisconsin governor tommy thompson and u.s. rep tammy baldwin. this debate is hosted by the wisconsin broadcasters association. the cook political report raised his race a tossup. this is one hour. >> good evening. radio and television broadcasters are pleased to continue our public affairs broadcasts tradition began in 1990 sponsoring debates in major political campaigns. the debate will be broadcast over 80 wisconsin television stations. this evening's debate will engage the two leading candidates in their first face- to-face debate. former wisconsin governor tommy thompson and second district congresswoman tammy baldwin. this debate is made possible by generous grants from wisconsin aarprsities and wisconsin. >> good evening, ever
within the ministry of economy, trade, and industry, which was promoting atomic energy. the japanese government has given the nra a mandate to create an organization that will regulate power companies effectively and independently. for more on this story i spoke earlier to nhk world's hajime okada. what's different about the nuclear regulation authority? >> the nra is designed to be independent from the government, a stage that's defined by law. its five members were appointed by the prime minister. also, some members include a former ambassador to the united nations and a seismologist as well as experts in the field of nuclear energy and radiation. >> will this be enough to guarantee the nra's independence? >> not really. the nra is now under the umbrella of the environment ministry. this means politicians and bureaucrats will still have influence because they control the agency's budget. another issue is a composition of the nra's task. more than 80% of its employees come from previous regulatory bodies. to prevent conflictsf interest, the government says nra employees will be proh
on the economy and other domestic issues. the debate, itself, is built around questions from the panel. in each of its segments, a reporter will ask the candidates the same general question. then -- and this is important -- each candidate will have the chance to rebut what the other has said. and the final segment of the debate will be the closing segment, and the candidates will each have 4 minutes for their closing statements. and as i have said, mr. mondale will be the last person on the program to speak. and now i would like to add a personal note if i may. as dorothy ridings pointed out, i have been involved now in four presidential debates, either as a moderator or as a panelist. in the past, there was no problem in selecting panelists. tonight, however, there were to have been four panelists participating in this debate. the candidates were given a list of almost 100 qualified journalists from all the media and could agree on only these three fine journalists. as moderator, and on behalf of my fellow journalists, i very much regret, as does the league of women voters, that this situation
administration on jobs and the economy saying the country needs quote, a pro quote tax quote that brings jobs home and calling for a repeal to the president's health care law. i'm jamie colby, back to cavuto on business, keep a right here and we will see you again, 30 minutes away. >> . >> neil: we'll call it a tale of two economies. there was confidence at the highest level we've seen since february and their bosses or appoint ceo's some of the largest companies in america, they're not feeling so rosie. ten out of seven expect hiring to be flatter, actually lower. and charlie gasperino, it's time to start? >> yes, i think that, again, i'm going it defend ben bernan bernanke. >> a shock. >> every time you say something-- >> i criticize him a lot. >> neil: i've never heard it. >> printing money and is necessary to prevent us from-- >> so you're worried and he's the only guy in the line of defense? >> you think there's somebody else? >> and mr. payne? is charlie going to bank on-- >> i'm sorry, i'm on to mr. payne. >> the ceo's-- the problem and they point specifically to the administration and
segment. three focus on the economy, four, five, and six health care, the role of government and governing. procedure, each candidate gets two minutes to respond to a question posed by jim lara. time remaining is given to freewheeling discussion of segments. risk factor, dangerous, sometimes lethal. ♪ [music] ♪ >> are you better off than you were four years ago? is it easier for you to go and buy things in the stores than it was four years ago? is there more or less unemployment in the country than there was four years ago? is america as respected throughout the world as it was? do you feel that our security is as safe, that we're as strong as we were four years ago? if you answer all of those questions yes, why then i think your choice is obvious as to who you'll vote for. if you don't agree, if you don't think that this course that we've been on for the last four years is what you would like to see us follow for the next four, then i could suggest another choice that you have. >> jimmy jimmy carter practical gagging. question, who will win the debate on tuesday? can romney pull a rea
to have government serve the people? at a tactical level the economy is no good. on of macro level but at the micro level gasoline is $2 a gallon higher than three years ago. it takes $2,000 out of every household budget would wages are not going up or are stagnant in one town geneva illinois disposable income is down $6,000. how can a family support that? neil: you passionate the present numbers in a way people understand i do like mitt romney personally anybody who gets the nba and law degrees simultaneously is beyond me. he is not presenting that argument may be the media does not allow him to do so by what is the half to do to keep it simple? >> ronald reagan brought it down to the individual it is my microphone, our town, home, village, police department. the regulations when you create a system that should solve problems but don't people will take shortcuts bordering is as high as it has ever been. mitt romney better get off a high horse to come down to mainstream. people are terrified right now the president is leading a lot of the polls but i look at the trend if you argue
Search Results 0 to 49 of about 203 (some duplicates have been removed)

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